Thank you @golden6. I look forward to it and to the discussions.
Yes @peejayhercules, week's end has the bulls benefiting from attempts to offset the impeachment markup. Trade deal headlines are in the everyday papers too. It's hard to write about with a straight face and traders are playing technicals and potential stop levels. If you're trading the index futures overnight then you're trading expectations of a seasonal melt up spiced with potential mood swings.
We are rolling into the March ES contract now and Thursday's high volume and time points of control are not well defined because the tweet-fueled session had multiple distribution points. Overnight ES participants are positioned almost totally long on continuous trade related headlines.
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Thank you @golden6. I look forward to it and to the discussions....
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